Property Description:
- Excellent Multi-Family Investment Opportunity
- Attractive return on investment
- 17 two bedroom apartments in Galway City
- Gross Income of 133,000 p.a. with potential increase
- Tenants not affected

Teach Briota is an exceptional residential scheme which comprises 17 high quality apartments. The building comprises two separate three storey apartment blocks. Block 1 comprises ten apartments while Block 2 comprises of seven apartments (there is an additional 4 own door apartments in the ownership of Galway City Council in the development, two at the rear of each building, which does not form part of the subject portfolio). Both blocks are of traditional concrete block wall construction with a mix of brick and render elevations. The roof is of timber frame construction with a tile finish. The windows are double glazed UPVC throughout. Heating is by way of electric storage heating.

Internally the apartments are standard in layout with plastered and painted walls and ceilings and a mix of tiled and carpet floors. All two bedroom apartment comprise of an Entrance Hall, Kitchen/Living Room, 2 Bedrooms, 1 Ensuite and a main Bathroom. There are two apartments in Block 1 that do not have a balcony, all other apartment have balconies from the living room. The apartments are in good condition internally and are fully fitted out to include, Fitted Kitchens, Bathrooms and Ensuites.
Externally there is an amenity open space located to the front and rear of each block with communal parking for approximately 32 cars.

We understand that the individual units range in size from 54 sq m (581sq.ft.) to 60 sq m (642sq.ft.). We also understand that the entire gross internal floor of both blocks including the common areas is
approximately 1,402 sq m (15,091sq.ft.). The total site area extends of